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Housing in the news

Wilmington considers options for town plan

As planners for the town of Wilmington consider the next scheduled revision to their town plan, our friends at Smart Growth Vermont are encouraging a plan for growth that preserves the character of the town.

During a presentation to the planning commission last night, Smart Growth Vermont Executive Director Noelle MacKay said the town should be encouraging people to agree they should have safe, decent housing people already living in their community can afford.

Affordable housing grants in the news

The Rutland Herald/Times Argus, Eagles Times, Burlington Free Press and Vermont Business Magazine blog have all published stories about yesterday's announcement of nearly $6 million in grants for affordable housing.

NeighborWorks of Western Vermont to receive $2 million

Our friends at NeighborWorks of Western Vermont will receive $2 million in federal economic stimulus funds to help first-time homebuyers.

The funding comes from the Community Development Financial Institutions Program, part of the recent American Recovery and Reinvestment Act.

The $2 million is part of $6 million being split among three Vermont non-profit organizations: NeighborWorks of Western Vermont, Vermont Community Loan Fund and Opportunities Credit Union.

The federal government is allocating $90 million to 59 organizations in 26 states.

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